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New Deal


Announced

Mitsubishi Pencil to acquire C. Josef Lamy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Germany

pens

Specialty Retailers

Acquisition

Private

Cross Border

Pending

Friendly

Single Bidder

writing instruments

Synopsis

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Mitsubishi Pencil, a writing instruments manufacturer, agreed to acquire C. Josef Lamy, a designer writing instruments manufacturer. Financial terms were not disclosed. "We have the greatest respect for the history and strength of the LAMY brand. We believe that the vision and corporate culture of Lamy and Mitsubishi Pencil harmonise perfectly. We are also confident that the acquisition of the company Lamy will provide a strong combined platform for future growth and increased shareholder value for both LAMY and Mitsubishi Pencil," Shigehiko Suhara, Mitsubishi Pencil President and CEO.

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